FTSE: First China A Share Tradeable Index Launched

FTSE/Xinhua (FXI) has launched the FXI A50 Index. It is a tradeable real-time index comprising the top 50 China A Share Companies. The new index joins the successful FTSE/Xinhua Index Series, which is already recognised by investors globally as the definitive measure of the China market.

The FXI A50 Index is designed specifically to meet the needs of the Qualified Foreign Institutional Investors (QFII) participating in China's A Share market, and can be used as a basis for both on-exchange and OTC Derivative products, Mutual Funds and Exchange Traded Funds (ETF's).

FTSE/Xinhua Index Limited (FXI) is a unique joint venture company which combines the expertise in international indexing of FTSE with the local Chinese market knowledge and data capabilities of Xinhua Financial Network.

FXI's purpose is to facilitate the creation of real-time indices for the Chinese market. The indices are designed to be used as performance benchmarks and as the basis for derivative trading and index tracking funds.

Please click here for details of FTSE/Xinhua A50.